Tag Archives: businessweek
Funds: Behind Bob Olstein’s Comeback
BusinessWeek – The collapse of Lehman Brothers on Sept. 15, 2008, and the ensuing stock market crash forced Bob Olstein, who has been analyzing companies’ financial statements and managing money for 41 years, to change the way he evaluates and […]
Citi Shareholders Show Rage at Annual Meeting
BusinessWeek – The anger was evident at Citigroup’s annual meeting on Apr. 21, where shareholders took turns at the microphone to object to how the bank has been operating. The meeting is usually a well-attended affair lasting many hours as […]
Macquarie, State Bank of India Plan $2 Billion Fund
BusinessWeek – Macquarie Capital Group and State Bank of India (SBI) plan to raise a new $2 billion fund that will invest in direct infrastructure investment opportunities in India. Macquarie and SBI have signed a memorandum of understanding to set […]
US lawyer pleads not guilty to money laundering
BusinessWeek – A prominent Manhattan lawyer accused of peddling $700 million in phony securities to hedge funds will likely forgo a trial and change his plea to guilty, his attorney told a judge Thursday. The defense announcement came at a […]
Facebook’s Thiel Explains Failed Twitter Takeover
INDYchannel.com – Facebook remains on the lookout for acquisitions after its failed attempt to buy microblogging site Twitter, one of the company’s directors and largest investors says. "We’re still focusing on growing as much as possible," says Peter Thiel in […]
A Hedge Fund Gambles on Death
BusinessWeek – The market for exotic securities hasn’t entirely gone away. It’s just gone underground—-six feet under, to be precise. Hedge fund Davidson Kempner Capital Management is plunging into life settlements—a market in which speculators buy-up unwanted life insurance policies […]
Is now the right time for open source in hedge funds?
CNET News – I’ve blogged about Marketcetera before, a cool open-source hedge fund trading platform. Later this week I’ll be posting an update after I interview the Marketcetera team, but keep bumping into stories that make me wish the interview […]
